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Evening Standard
Evening Standard
Business
Jonathan Prynn

UK house prices see fastest rise in nearly two years

Bank of England Gardner Nationwide

House prices are rising at their fastest rate for nearly two years as lower mortgage rates boosts buyer demand, latest figures show today.

Leading lender Nationwide said the average price of a home in the UK was up 3.2% in the year to September, up from 2.4 in August, having jumped by 0.7% during the month. That was the fastest annual rate since November 2022.

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